09-23-2021  1:28 pm   •   PDX and SEA Weather
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NORTHWEST NEWS

Black Man Fatally Shot Outside Bend Nightclub, Man Arrested

A Black man was shot and killed outside a bar by a white man in central Oregon

Cascadia Names New Chief Medical Officer

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How to Tell DEQ to Step Up Its Emissions Caps – And Go Further

Two activists created a website to inform the most climate-vulnerable on how to take action.

Washington Governor Inslee Asks Feds for Medical Staffing Help

Washington Gov. Jay Inlsee has asked the federal government for assistance staffing hospitals and long-term care facilities in response to the ongoing COVID-19 pandemic.

NEWS BRIEFS

Civil Rights Organizations Respond to Congressional Failure on Policing Reform

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Seattle Mayor Extends COVID Eviction Moratoriums

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Oregon House and Senate Democrats Condemn Newberg School Staff Member's Racist Conduct and Use of Blackface

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New Plaque Honors Black Pioneer Merchant A.H. Francis

Throughout the mid-1800s, Francis was an active abolitionist, using his position to fight for Black people from western New York to...

IPAC Announces September 21 Kickoff of the Portland Peace Initiative

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Oregon school board won't fire teacher refusing to wear mask

REDMOND, Ore. (AP) — A school board in Redmond, Oregon, has rejected a district recommendation to fire a teacher for refusing to wear a mask during the coronavirus pandemic. Oregon Public Broadcasting reports Redmond board members were told this was the first time an Oregon...

Washington justices vacate 46-year sentence for teen killer

SEATTLE (AP) — The Washington state Supreme Court on Thursday overturned a 46-year sentence for a man who killed his friend’s little sister when he was 17, finding the punishment focused more on retribution than rehabilitation. Timothy Haag of Longview was initially...

Boston College hosts Missouri in juicy ACC-SEC matchup

BOSTON (AP) — ACC vs. SEC. It’s a juicy interconference matchup when Boston College (3-0) hosts Missouri (2-1) on Saturday at Alumni Stadium. BC, a member of the Atlantic Coast Conference, will be hosting the first Southeastern Conference school since...

College Football Picks: Neutral sites for 2 ranked matchups

Last week, college football gave fans one of its tastiest, and unfortunately rare, treats when Auburn visited Penn State. Good teams. Great setting. Entertaining game. What college football is all about. This week, not so much. The...

OPINION

Homelessness, Houselessness in the Richest Country in the World: An Uncommon Logic

When and why did the United States of America chose the wealth of a few over the health, wealth, and well-being of so many ...

American Business Leaders Step Up to Fight Inequities in the South

With COVID-19 still an omnipresent concern and the country’s recovery still very much in jeopardy, individuals, families, and communities are struggling to deal with issues that have only been exacerbated by the pandemic. ...

Waters Statement on 20th Anniversary of September 11 Attacks

Twenty years ago today, our nation suffered devastating terrorist attacks on our soil and against our people that wholly and completely changed the world as we knew it. ...

Letter to the Editor: Reform the Recall

Any completely unqualified attention seeker with ,000 for the candidate‘s filing fee can be the largest state in the Union’s next governor ...

AFRICAN AMERICANS IN THE NEWS

US court order to house LA Skid Row homeless overturned

LOS ANGELES (AP) — The 9th U.S. Court of Appeals on Thursday overturned a federal judge’s sweeping order that required the city and county of Los Angeles to quickly find shelter for all homeless people living on downtown’s Skid Row. The appeals court found extensive error...

Louisiana state trooper charged in pummeling of Black man

A former Louisiana State Police trooper has been charged with a civil rights violation for pummeling a Black motorist 18 times with a flashlight — the first criminal case to emerge from federal investigations into troopers' beatings of at least three Black men. A grand jury on...

Former Louisiana State Police trooper indicted on federal civil rights charge for beating Black man with flashlight

SHREVEPORT, La. (AP) — Former Louisiana State Police trooper indicted on federal civil rights charge for beating Black man with flashlight....

ENTERTAINMENT

Britney Spears court filing says conservatorship should end

LOS ANGELES (AP) — Britney Spears said in a court filing Wednesday that she agrees with her father that the conservatorship that has controlled her life and money since 2008 should be terminated. The filing in Los Angeles Superior Court from Spears' attorney Mathew Rosengart...

Mayim Bialik's 'Jeopardy!' goal: maintaining its integrity

LOS ANGELES (AP) — Mayim Bialik knew she’d be busy around this time of year, but not this busy. Besides starting production on a new season of Fox's sitcom “Call Me Kat,” Bialik was recalled to duty as a “Jeopardy!” guest host — the result of the quiz show's...

Owen Wilson, Sudeikis, Malek, Kardashian West to host 'SNL'

NEW YORK (AP) — Owen Wilson, Kim Kardashian West, Rami Malek and Jason Sudeikis are lined up to host the first four episodes of “Saturday Night Live” this fall. NBC announced Wednesday that Wilson, who is starring in the upcoming film “The French Dispatch,” will host...

U.S. & WORLD NEWS

Is the delta variant of the coronavirus worse for kids?

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The AP Interview: Don't isolate the Taliban, Pakistan urges

UNITED NATIONS (AP) — Be realistic. Show patience. Engage. And above all, don't isolate. Those are the pillars...

The jail where Jeffrey Epstein killed himself is crumbling

NEW YORK (AP) — Inside the notorious federal jail in Lower Manhattan, small chunks of concrete fall from the...

A Polish bishop punished over abuse cover-up has died

WARSAW, Poland (AP) — Edward Janiak, a retired Roman Catholic bishop from Poland punished this year by the...

UK police probe killing of woman walking alone in London

LONDON (AP) — British police investigating the killing of a 28-year-old woman in London said Thursday they are...

Kremlin critics to contest online voting in Duma election

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Sophia Yan CNN Money

HONG KONG (CNNMoney) -- The number of Americans choosing to give up their citizenship has spiked dramatically this year as the government works to implement a new disclosure law aimed at stamping out tax evasion.

Some of the rush may be caused by Americans hoping to avoid the new disclosure requirements. Others living abroad say they are giving up their U.S. passport because they are tired of dealing with overly complicated tax filings.

Unlike most countries, the U.S. continues to tax citizens on all income, regardless of where it is earned or where they reside. For expats, filing taxes in two countries often means wrestling with a huge mountain of paperwork.

"Every year, I was spending about $600 to $700 having somebody do the tax paperwork," said Kim-Fredrik Schneider, who now resides in the U.K. and retains his Swedish passport.

Schneider, who hasn't lived in the U.S. for about 13 years, was one of about 1,809 people to renounce U.S. citizenship or give up their green cards in the first half of 2013. That's a sharp uptick from 2012, when government data showed only 932 renunciations over the entire year.

The increase comes as the U.S. prepares to implement the Foreign Account Tax Compliance Act, a new law that requires foreign institutions to report all assets owned by Americans.

The measure, approved by Congress in 2010, is aimed at recouping some of the hundreds of billions the government says it loses each year in unpaid taxes. The law also requires individuals with overseas assets to file additional forms.

Most people renouncing citizenship are "hardly the 'fat cat' tax exiles," said Eugene Chow of Hong Kong immigration firm Chow King & Associates.

Instead, Chow said, clients who choose to give up their citizenship are often "really very ordinary people" who find it difficult to comply with the ever-changing tax code.

Immigration lawyer Melissa Vincenty of Fragomen recalled one client, a woman nearing retirement age, who gave up her citizenship for the same reason.

She had been filing taxes as an expat for nearly four decades, and didn't want to deal with it anymore, Vincenty said.

While the paperwork is certainly a burden, concerns over wealth preservation can also be a contributing factor.

Eduardo Saverin, one of Facebook's four co-founders, is one of the wealthiest individuals to give up his passport, and has since taken up residency in Singapore.

Saverin officially expatriated from the U.S. last year, before Facebook's IPO. The Brazilian native insists he did not renounce his citizenship for tax reasons, but his move still drew criticism from high-profile lawmakers.

Even individuals who are not among the super rich are considering giving up their citizenship -- especially when lower tax rates beckon in other countries.

Americans are looking down the road at how their investments such as retirement funds will be taxed, Vincenty said.

Giving up your US citizenship, she said, is a "realistic option to be able to manage those tax burdens."

For those who haven't paid their taxes, giving up citizenship isn't an easy way out. The government can still go after former citizens if evidence of tax evasion surfaces.

Plus, there's no statute of limitations and the IRS could then collect back taxes, said Scott Michel, president of Caplin & Drysdale, an international tax law firm.

There is also a hefty exit tax applied for Americans who have assets over $2 million, he said. Even the heirs of people who have given up their passports could be responsible for taxes on inherited assets, if they remain U.S. citizens.

Chow, the Hong Kong lawyer, said this is by design.

"[The U.S.] wants to charge you for the privilege of leaving, so you won't have an incentive to get out," he said. "In their zeal to nail people with offshore accounts evading tax, they pass these rules that make life very, very difficult for ordinary people."

Taxes aside, bidding Uncle Sam farewell can be an emotional decision, Vincenty said. "Lots of people are torn about it."

Schneider framed the issue in more philosophical terms.

"Am I still American? Well, I certainly sound American; I know a heck of a lot about American culture," he said. "I haven't stopped being who I am just because I don't have a contract with the government."

 

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